Xencor (XNCR) Tax Rate (2016 - 2026)

Xencor (XNCR) reported Tax Rate of 0.22% for Q1 2026, up 61.0% year-over-year from 0.14% in Q1 2025, and up 99.61% quarter-over-quarter from 56.35% in Q4 2025.

Xencor (XNCR) Tax Rate (2016 - 2026) Analysis & Trends

Xencor (XNCR) has 8 years of Tax Rate data on file, last reported at 0.22% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 0.22%, up 61.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.4% (down 44.0% YoY), and the FY2025 annual result was 2.79%, down 211.0% from the prior year.
  • Tax Rate grew to 0.22% in Q1 2026 per XNCR's latest filing, from 56.35% in the prior quarter.
  • Over five years, Tax Rate peaked at 3.33% in Q4 2022 and troughed at 108.02% in Q4 2023.
  • A 5-year average of 21.02% and a median of 2.13% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 11135 bps in 2023, then surged 10439 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 3.33% in 2022, then plunged by 3342 bps to 108.02% in 2023, then surged by 97 bps to 3.63% in 2024, then sank by 1454 bps to 56.35% in 2025, then soared by 100 bps to 0.22% in 2026.
  • Business Quant data shows XNCR's Tax Rate at 0.22% in Q1 2026, 56.35% in Q4 2025, and 0.97% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn -57.14
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -6.79
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 5.61
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 17.68
9 Abivax 91.96 Bn 91.96 Bn - -
10 Xencor 953.38 Mn 878.64 Mn - -0.22

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.22%
Mar 31, 2026 -0.22%
Dec 31, 2025 -56.35%
Dec 31, 2025 -56.35%
Jun 30, 2025 0.97%
Jun 30, 2025 0.97%
Mar 31, 2025 -0.83%
Mar 31, 2025 -0.83%
Dec 31, 2024 -3.63%
Dec 31, 2024 -3.63%
Dec 31, 2023 -108.02%
Dec 31, 2023 -108.02%
Dec 31, 2022 3.33%
Dec 31, 2022 3.33%
Sep 30, 2022 -3.44%
Sep 30, 2022 -3.44%
Dec 31, 2019 1.06%
Dec 31, 2019 1.06%
Sep 30, 2019 3.31%
Sep 30, 2019 3.31%